Century Textiles acquires 10-acre land in Worli, Mumbai from Nusli Wadia for ₹1,100 crore, resolving a legal dispute and expanding its landholding.
Century Textiles and Industries Limited has acquired a 10-acre leasehold land in Worli, Mumbai, from Nusli Wadia for ₹1,100 crore, resolving a long-standing legal dispute. The company, through Birla Estates, aims to develop the site, which could add a booking value potential of ₹14,000 crore. This acquisition expands its total landholding in the area to 30 acres, with an overall booking potential of approximately ₹28,000 crore.
September 10, 2024
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